| O latest price $60.6300 (0.71%) ($59.8020 - $60.8750) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 46 |
Latest Price | $60.6300(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(81%) SDY(75%) DIA(68%) SPLV(68%) VYM(68%) |
Factors Impacting O price | O will decline at least -0.46% in a week (0% probabilities). VXX(-49%) VIXM(-48%) TBT(-43%) UUP(-24%) EDOC(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.46% (StdDev 0.92%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.1% |
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